Compound Planning Inc. Increases Stock Position in United Parcel Service, Inc. $UPS

Compound Planning Inc. raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 37.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,215 shares of the transportation company’s stock after acquiring an additional 4,120 shares during the quarter. Compound Planning Inc.’s holdings in United Parcel Service were worth $1,673,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Monetary Management Group Inc. grew its holdings in United Parcel Service by 1,811.2% in the first quarter. Monetary Management Group Inc. now owns 11,391 shares of the transportation company’s stock worth $1,253,000 after purchasing an additional 10,795 shares during the last quarter. Norinchukin Bank The boosted its position in shares of United Parcel Service by 15.9% in the 1st quarter. Norinchukin Bank The now owns 39,599 shares of the transportation company’s stock worth $4,355,000 after purchasing an additional 5,418 shares in the last quarter. Clarkston Capital Partners LLC increased its position in United Parcel Service by 38.3% during the 1st quarter. Clarkston Capital Partners LLC now owns 290,299 shares of the transportation company’s stock valued at $31,930,000 after buying an additional 80,413 shares in the last quarter. Channing Capital Management LLC acquired a new position in United Parcel Service during the 1st quarter valued at about $6,676,000. Finally, CW Advisors LLC raised its stake in United Parcel Service by 209.1% in the first quarter. CW Advisors LLC now owns 32,759 shares of the transportation company’s stock valued at $3,648,000 after buying an additional 22,161 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

United Parcel Service Trading Up 3.0%

NYSE UPS opened at $88.7140 on Friday. United Parcel Service, Inc. has a 1 year low of $84.28 and a 1 year high of $145.01. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $75.19 billion, a PE ratio of 13.20, a P/E/G ratio of 1.58 and a beta of 1.12. The company has a fifty day moving average of $95.89 and a 200 day moving average of $102.00.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, July 29th. The transportation company reported $1.55 earnings per share for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.01). The company had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $20.90 billion. United Parcel Service had a net margin of 6.34% and a return on equity of 39.61%. The business’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.79 EPS. Research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Monday, August 18th will be issued a $1.64 dividend. The ex-dividend date of this dividend is Monday, August 18th. This represents a $6.56 dividend on an annualized basis and a yield of 7.4%. United Parcel Service’s payout ratio is presently 97.62%.

Insider Activity at United Parcel Service

In other news, CEO Carol B. Tome purchased 11,682 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average cost of $85.67 per share, with a total value of $1,000,796.94. Following the completion of the acquisition, the chief executive officer owned 24,718 shares of the company’s stock, valued at approximately $2,117,591.06. This represents a 89.61% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William R. Johnson purchased 5,000 shares of the company’s stock in a transaction that occurred on Thursday, July 31st. The shares were purchased at an average price of $86.50 per share, for a total transaction of $432,500.00. Following the transaction, the director owned 10,160 shares of the company’s stock, valued at $878,840. This trade represents a 96.90% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

UPS has been the topic of a number of research analyst reports. Daiwa America dropped their price target on United Parcel Service from $120.00 to $103.00 in a research note on Wednesday, April 30th. HSBC lowered shares of United Parcel Service from a “buy” rating to a “hold” rating and cut their price target for the company from $140.00 to $105.00 in a research note on Thursday, May 1st. Stifel Nicolaus decreased their price target on shares of United Parcel Service from $124.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, July 30th. Wolfe Research dropped their price objective on shares of United Parcel Service from $113.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, July 1st. Finally, Argus reduced their target price on United Parcel Service from $150.00 to $120.00 in a research note on Friday, May 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $112.81.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.